Ofs Credit Stock Price on June 27, 2024
| OCCI Stock | USD 7.07 0.03 0.42% |
Below is the normalized historical share price chart for OFS Credit extending back to October 05, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of OFS Credit stands at 7.07, as last reported on the 22nd of November, with the highest price reaching 7.15 and the lowest price hitting 7.06 during the day.
If you're considering investing in OFS Stock, it is important to understand the factors that can impact its price. OFS Credit is not too volatile at the moment. OFS Credit maintains Sharpe Ratio (i.e., Efficiency) of 0.0426, which implies the firm had a 0.0426% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for OFS Credit, which you can use to evaluate the volatility of the company. Please check OFS Credit's Risk Adjusted Performance of 0.0409, semi deviation of 0.9618, and Market Risk Adjusted Performance of 0.2421 to confirm if the risk estimate we provide is consistent with the expected return of 0.0431%.
As of now, OFS Credit's Issuance Of Capital Stock is increasing as compared to previous years. . As of now, OFS Credit's Price To Sales Ratio is increasing as compared to previous years. The OFS Credit's current Price Earnings To Growth Ratio is estimated to increase to 0.39, while Price Earnings Ratio is forecasted to increase to (40.82). OFS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of October 2018 | 200 Day MA 7.2461 | 50 Day MA 7.3084 | Beta 1.414 |
OFS |
Sharpe Ratio = 0.0426
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| Negative Returns | OCCI |
Estimated Market Risk
| 1.01 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average OFS Credit is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of OFS Credit by adding it to a well-diversified portfolio.
Price Book 1.0093 | Price Sales 3.5771 | Dividend Share 1.465 | Wall Street Target Price 7.5 | Earnings Share 0.68 |
Related Headline
Monroe Capital Headline on 27th of June 2024
Acquisition by Allison Thomas J. of 4000 shares of Monroe Ca... by Allison Thomas J.
Filed transaction by Monroe Capital Corp Director. Grant, award or other acquisition pursuant to Rule 16b-3
OFS Credit Valuation on June 27, 2024
It is possible to determine the worth of OFS Credit on a given historical date. On June 27, 2024 OFS was worth 6.78 at the beginning of the trading date compared to the closed value of 6.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OFS Credit stock. Still, in general, we apply an absolute valuation method to find OFS Credit's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of OFS Credit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OFS Credit's related companies.
| Open | High | Low | Close | Volume | |
| 6.81 | 6.81 | 6.75 | 6.76 | 47,400 | |
06/27/2024 | 6.78 | 6.78 | 6.66 | 6.68 | 115,500 |
| 6.67 | 6.70 | 6.60 | 6.68 | 123,100 |
| Backtest OFS Credit | | | OFS Credit History | | | OFS Credit Valuation | Previous | Next |
OFS Credit Trading Date Momentum on June 27, 2024
| On June 28 2024 OFS Credit was traded for 6.68 at the closing time. The top price for the day was 6.70 and the lowest listed price was 6.60 . The trading volume for the day was 123.1 K. The trading history from June 28, 2024 did not cause price change. The trading delta at closing time against the current closing price is 1.20% . |
OFS Credit Fundamentals Correlations and Trends
By evaluating OFS Credit's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among OFS Credit's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OFS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OFS Credit Stock history
OFS Credit investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for OFS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OFS Credit will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing OFS Credit stock prices may prove useful in developing a viable investing in OFS Credit
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 13.1 M | 13.8 M | |
| Net Loss | -12.2 M | -11.6 M |
OFS Credit Stock Technical Analysis
OFS Credit technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
OFS Credit Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
OFS Credit cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
OFS Credit November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how OFS Credit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OFS Credit shares will generate the highest return on investment. By undertsting and applying OFS Credit stock market strength indicators, traders can identify OFS Credit entry and exit signals to maximize returns
OFS Credit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OFS Credit's price direction in advance. Along with the technical and fundamental analysis of OFS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OFS to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0409 | |||
| Jensen Alpha | 0.0232 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.2321 |
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Complementary Tools for OFS Stock analysis
When running OFS Credit's price analysis, check to measure OFS Credit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OFS Credit is operating at the current time. Most of OFS Credit's value examination focuses on studying past and present price action to predict the probability of OFS Credit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OFS Credit's price. Additionally, you may evaluate how the addition of OFS Credit to your portfolios can decrease your overall portfolio volatility.
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